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#751
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Hard to figure the drop in light of the report on the quarter which looked pretty good in a lot of metrics. Thinly traded I guess anything can happen.
__________________
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. |
#752
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taking no questions from analyst on a conference call is a bad signal.It is a dead give away sell....they despise it
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#753
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Did they refuse to take questions? I thought there simply weren't any. I would be shocked if any public company refused to take questions.
__________________
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. Last edited by Peter_Spaeth; 11-01-2019 at 11:50 AM. |
#754
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refusing taking none in my world is viewed as the same thing. both negative to me
Last edited by Johnny630; 11-01-2019 at 11:52 AM. |
#755
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I don't understand. If nobody asked any questions what are they supposed to do?
__________________
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. |
#756
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I was not on the call, but would not be surprised if they refused to take questions. This would be right in line with the actions on their message board, in which any dissenting opinions are deleted and/or censored.
They are the Kings of the Coverup, and it will eventually catch up with them. Obviously it's taking much longer than many of us would like, but they will someday be recognized for what they are. |
#757
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The stock was $10 last December. Since then it has nearly tripled while the industry is in the midst of an FBI investigation and who knows what else? I know I wouldn’t want to own the stock at these prices but then again I was one of the schmucks who used to believe the number on the slab was relevant so what do I know?
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#758
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Quote:
It's not a widely followed stock. It wouldn't surprise me if there were no questions. It would surprise me greatly if they refused to take any.
__________________
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. Last edited by Peter_Spaeth; 11-01-2019 at 12:14 PM. |
#759
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Stock down 11% today. Winter is Coming to Santa Ana, and big Joe better get a warm coat on.
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#760
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As I posted yesterday afternoon, they allowed for questions and nobody asked any questions (assuming they weren't blocking calls, or acting like there were no calls when in fact there were calls or something to that affect).
As I recall they did field some calls the previous quarter regarding the card doctoring problem and in my opinion gave very unsatisfactory answers. Perhaps those responses discouraged future questions from competent investors.
__________________
"The only thing necessary for the triumph of evil is for good men to do nothing." - Edmund Burke "It's easier to fool people than to convince them that they have been fooled." - Mark Twain |
#761
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Quote:
__________________
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. |
#762
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Thank you for joining us today, and I look forward to speaking with you next quarter. Now I would like to open the call to any questions you may have.
Question-and-Answer Session Operator Joseph Orlando We thank all of you for joining us today and look forward to speaking with you next quarter. Operator Thank you. Ladies and gentlemen, this concludes today's conference. You may now disconnect.
__________________
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. |
#763
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My God the Namath uncovered on Blowout.
Someone has to go to jail over that one card alone. $252,000.00 gain. Heartbreaking. Criminal. |
#764
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Quote:
and issues on 252k card gains...thats easy to resolve..im sure a check will be wrtten for that as its getting 'worked out' everyone is happy or getting paid back, or not enough time has expired (even though there is statute of limitations) so no big deal.. everyone will agree the card at issue was the one altered and PSA or Heritage will just hand over 252k https://www.blowoutforums.com/showth...90614&page=230 Last edited by 1952boyntoncollector; 11-03-2019 at 07:51 AM. |
#765
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Isn’t it funny how in many cases it’s always certain submitters that are getting high grades...then these end up in big major auction houses with sales that we have no idea were real or not ?
I wonder if these guys pay a certain price for a certain grade ? Like x amount for 8 x amounts for 9’s x for 10’s wouldn’t shock me ....they’re already have invitational sit downs with graders how is that Kosher ? |
#766
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I wonder how many people have added others to the ignore list since these cards were outed? The ignorance of some of these posts are criminal. Maybe I can sue for that?
__________________
"Trolling Ebay right now" © Always looking for signed 1952 topps as well as variations and errors |
#767
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Regarding the PSA 9 Joe Namath rookie, corndog wrote this:
Due to the blurring of the first image, I cannot confirm anything other than it being the same card as the PSA 9. I can't see any alterations either. It's quite possible this card was just cracked out and resubmitted. Remember, big dealers tend to get higher grades compared to the average Joe. |
#768
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#769
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__________________
http://www.flickr.com/photos/calvindog/sets |
#770
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With a two grade bump and other circumstances, I would suspect some very subtle and sophisticated corner work was done, but obviously we don't have any proof of that so there's no basis to draw any supportable conclusions.
__________________
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. Last edited by Peter_Spaeth; 11-03-2019 at 10:03 AM. |
#771
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What other circumstances? That it was regraded by PSA?
__________________
http://www.flickr.com/photos/calvindog/sets |
#772
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There are 1000s if not 10s of thousands of messed up (fraudulently altered) cards due to the scammers and the TPG's incompetency. That it was regraded is little solace.
__________________
Leon Luckey |
#773
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Looks like some sophisticated work was done on that bottom left corner to get it to lay down like that. Feel horrible for the original owner in the 7 holder....hope he doesn’t see this :-(
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#774
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Yes that was my point.
__________________
http://www.flickr.com/photos/calvindog/sets |
#775
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How do you feel for the guy who bought the 9 (assuming it was altered by the Skerbes in some way)?
__________________
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. |
#776
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Quote:
Wish I could see a better scan of the Namath card on the left in the PSA 7 holder. Would like to see that bottom left corner better. Idk Last edited by Johnny630; 11-03-2019 at 08:38 PM. |
#777
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When I see all the talk about price increases and conspiracies of cards getting into higher grade holders. It reminds me of the simple fact that a grader from a TPG decided to make it so. These buyers are buying the grade. The TPG is the end game. Auction house just delivers.
It’s not even about the cards anymore. It’s the label and some cash $$$ Collectors have essentially made PSA the god of cards. Even if that happens to be a random guy or kid from So California. Last edited by Goudey77; 11-04-2019 at 12:37 AM. |
#778
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That $252,000 price increase on the Namath card is just unreal. And people on here were actually skeptical if any card doctor would have had the balls to work on a $3,000 card?
I would always rather have an absolute rarity than a grade rarity, so I can't fathom at all why a two grade difference means a quarter of a million dollars.
__________________
Flawless BST transactions with Wondo, Marslife, arcadekrazy, Moonlight Graham, Arazi4442, wrestlingcardking and Justus. |
#779
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Quote:
The fact that threre is already a difference of opinion on whether the card was altered or not and this card involves 200k etc would seem to prove there will be a difference of opinion on other cards and we are not talking about cards that are worth 50 bucks. However everyone seems to be happy so far and apparently even a 200k card issue can be resolved with everyone happy. One side says its altered and one side says it was, (both can hire experts on their position) its about 200k but its getting 'worked out' Last edited by 1952boyntoncollector; 11-04-2019 at 05:23 AM. |
#780
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Quote:
However, nobody really cares because after all who is going to sue when cards at issue are 10k or less like board members have said. Its never going to involve 200k matters for example as there apparently was never trimming job on that only on cards 10k or less. , who the heck would sue over a 200k issue anyway..not worth their time or when it can get worked out is always a better alternative to a lawsuit so im sure PSA or AH would fork over 200k even if they dispute whether a card is altered, even a letter may due to trick to get them to pay Last edited by 1952boyntoncollector; 11-04-2019 at 05:24 AM. |
#781
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Quote:
__________________
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. Last edited by Peter_Spaeth; 11-04-2019 at 05:26 AM. |
#782
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May need to check out those Topps 1980 Ricky Henderson Rookies....what the difference is price between a PSA 8, PSA 9 and PSA 10?
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#783
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Quote:
It's only a quarter of a mil, what's the big deal? Joe Willie rip off. And you think my 1 billion $$$$ fraud estimate is off? I don't think so turd brains |
#784
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Quote:
Last edited by Fuddjcal; 11-04-2019 at 09:57 AM. |
#785
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Quote:
__________________
"The only thing necessary for the triumph of evil is for good men to do nothing." - Edmund Burke "It's easier to fool people than to convince them that they have been fooled." - Mark Twain |
#786
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And $5,000 in grading fees for PSA. Everybody wins.
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#787
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Except for the minimum wage PSA grader. He got his $10 per hour, while his 2-grade bump made his company and the consignor wealthy. Gotta believe some of these hourly wage workers can’t resist a little payoff now and then.
The combination of TPGs and human greed have created a monster (as evidenced by the rather common Namath card). |
#788
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Taxes
It would be interesting to see the income tax returns for the card doctors. Did the person who made a $200k profit on one card pay Federal and State income taxes? I doubt it.
__________________
Rick McQuillan T213-2 139 down 46 to go. |
#789
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Quote:
I also wonder what IRS’s stance would be on the Vault, which is clearly an instrument to avoid state sales tax. |
#790
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Quote:
https://www.blowoutforums.com/showpo...&postcount=227
__________________
"The only thing necessary for the triumph of evil is for good men to do nothing." - Edmund Burke "It's easier to fool people than to convince them that they have been fooled." - Mark Twain |
#791
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Quote:
nobody sues for 250k and there will never be an argument of whether a card is altered or not...PSA will just pay out 200k because of a letter... , nothing to see here.....its only about 10k or less cards, nobody will have damages for more than 10k.... good point on tax argument by previous poster Last edited by 1952boyntoncollector; 11-05-2019 at 08:59 AM. |
#792
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I can't say positively. But you bring up an interesting point. If one of these card doctors tried filing a lawsuit against someone who called them out as a card doctor and the alleged card doctor claimed damages such as defamation, business disparagement, etc., their business records will be fair game in a court of law if they claim the negative postings damaged their business reputation.
__________________
"The only thing necessary for the triumph of evil is for good men to do nothing." - Edmund Burke "It's easier to fool people than to convince them that they have been fooled." - Mark Twain |
#793
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I sit back and reflect, what will the long term outcome of all this be?
The way I look at it to many people with lots of money and influence own HIGH Dollar Cards in holders, Registry Sets/Whether Altered or Not many Collectors do as well. Many have livelihoods or Multi Million Dollar Companies/Business that are dependent on this current card market staying strong or at least holding. None of the mentioned wants their cards to drastically drop in vale. They want the narrative to be, The Hobby Has Never Been Stronger It Keeps Growing and Going Up Ect. This is why I believe it's All BEING ADDRESSED OR TAKEN CARE OF in the most Non Detrimental Way that has the LEAST DETRIMENTAL EFFECT ON PRICE/VALUE. Sure some will face consequences or changes of leadership, a few firings changes in policy ect. Is this good or bad who knows I can't predict. Last edited by Johnny630; 11-05-2019 at 10:04 AM. |
#794
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Quote:
IMO the great majority of sophisticated experienced collectors/dealers know that high grade slabbed vintage cards are for the most part not what they are purported to be. And, given this reality, I believe that eventually the truth will come out and be reflected in the market value of such cards. |
#795
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Quote:
__________________
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. Last edited by Peter_Spaeth; 11-06-2019 at 05:14 AM. |
#796
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Quote:
It's all about DAMAGE CONTROL/LIMIT LOSS AND MARKET SHARE DEFLECTIONS,REASSURANCE OF CHANGE, WE WILL GET BETTER THIS WONT HAPPEN AGAIN WE HAVE MADE UPGRADES AND IMPROVEMENTS TO OUR PROCESS.....ect. ALL YADAYDA YADAYA Back door behind the scenes keep quite this will pass these guys need US MORE THEN WE NEED THEM, Auction houses, full time dealers/full time sellers. MANY OF THE COLLECTORS ARE STUPID/(NOT TALKING ABOUT MEMBERS ON THIS BOARD I KNOW BETTER), they are addicted to this they need us they wont bite the hand that feeds, we have the Best Marketing in the Industry it is proven people believe our slabbed cards will always bring them the most money... they love the gamble they love the crack out ect. Just stay hush and push the narrative the collecting and TPGing has never been stronger we are blowing out numbers ect........ TO ME You Can't put the toothpaste back in the tube once it's out it's out. All of this has to be priced in when buying. Last edited by Johnny630; 11-06-2019 at 08:30 AM. |
#797
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Quote:
Second, the new buyers I refer to are collectors who have not yet entered the market. Call it the next generation. They would be entering the market at a different point than when current collectors did. Their perspective about what they are buying and the associated risks might be a lot different. Last edited by benjulmag; 11-06-2019 at 08:43 AM. |
#798
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According to corndog. PWCC is currently selling a re-colored card 1975 Hank Aaron that was prior purchased by Moser etc.. Current bidding is over a $1900+ profit. Im sure its all getting worked out.
https://www.blowoutforums.com/showth...9#post15212859 Last edited by 1952boyntoncollector; 11-06-2019 at 08:36 AM. |
#799
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#800
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Looks like listing was removed an hour ago. I guess thats the only card in the auction with issues if thats the only card that was removed so we are in luck
Last edited by 1952boyntoncollector; 11-06-2019 at 08:49 AM. |
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